{"id":73847,"date":"2013-08-23T00:03:58","date_gmt":"2013-08-23T04:03:58","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=73847"},"modified":"2015-03-20T16:05:29","modified_gmt":"2015-03-20T16:05:29","slug":"coral-gables-market","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/coral-gables-market\/","title":{"rendered":"Coral Gables Market"},"content":{"rendered":"

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According to recent data the Coral Gables market continues to thrive. A considerable amount of 3 bedroom properties, all under 2,000 Sq. Ft., have closed in the past 6 months (i.e., 74), with an average sale price of $496,081 (or $283 per sq. ft.). An interesting trend emerges when you compare the current 90 days closing sales with the first 90 days closing sales of 2013. During the current 90 days closing sales a total of 44 3 bedroom properties sold for an average of $506,191 (or $288 per sq. ft.), in contrast, during the first 90 days closing sales a total of 30 3 bedroom properties sold for an average of $485,972 (or $277 per sq. ft.). These figures indicate a remarkable 4% increase in sales in the current 90 days closing sales compared to the first 90 days closing sales. And when you compare the active properties to the current 90 days and first 90 days, an even more interesting trend emerges. There are currently 25 active 3 bedroom properties for sale in Coral Gables, with an average listing price\/Sq. Ft. of $343. This average listing price\/Sq. Ft. is an astounding 20% higher than the average closing price\/Sq. Ft. for the current 90 days and 24% higher than the average closing price\/Sq. Ft. for the first 90 days period. According to these data, the continued growth of our nation’s economy and the housing market, it appears the Coral Gables market will continue to thrive in the foreseeable future. Please see below a brief description of a recent closing in Coral Gables.<\/p>\n

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636 Palermo Ave.<\/p>\n